Who is the millionaire what has bet at Polymarché 30 million dollars with which Donald Trump would win the presidential election? He answers to the first name Théo, but recognizes that it is not his real name. Bet on Trump through four accounts: Fredi9999, Theo4, PrincessCaro and Michie on Polymarket. Based in the residential Upper East Side of Manhattan, it offers a betting service through a platform that bets on various future events, including economic indicators, weather conditions, prices or elections. Theó worked on Wall Street in New York in the past. He now lives in France and does not want his wife or daughters to know that he invested in the Republican candidate. He denied his bet was politically motivated: “My intention is only to make money,” said the Frenchman. If he did so, he would win more than $80 million.
Theó started betting on Polymarket after finding similarities between the 2016 electionsin which Hillary Clinton lost to Donald Trump, and 2024. Democrats say their bet threatens democracy.
So, in 2016, all the polls gave Hillary Clinton as the winner, but the loser. Clinton won the popular vote with an advantage of 2.7 million votes. But he lost the election due to the electoral vote of the United States Electoral College system. To win the White House, you must win 270 electoral votes. Each state is divided into the sum of two electoral votes (by each state’s senators) and the districts that represent each state in the House of Representatives, based on population. This is why votes count differently: Those from Wyoming are worth more than those from California.
The Frenchman’s movements caught the attention of Polymarket. A member of his legal team has already spoken with Théo.
In an interview with The Wall Street JournalTheo acknowledged that he is not a political consultant, he only has “extensive business experience and training in financial services.” He also assured that he made the bets with his own money, which according to him constitutes the majority of his liquidity.
Théo made a series of small transactions which, he admits, allowed him to avoid an increase in the price of his bet.
For example, over a 10-hour period in the last week of October 2024, the The Theo4 account placed more than 450 bets that Vice President Kamala Harris would not win. presidential elections for sums ranging from five to several tens of thousands of dollars.
He began quietly in August by betting several million dollars on Donald Trump, using an account with the username Fredi9999. At the time, Trump and Harris had more or less equal chances at Polymarket.
Théo spreads his bets over several days and weeks to avoid a surge in prices. However, as his stakes increased, Theo noticed that other traders stopped trading when Fredi9999 bought.
NOW, Théo could earn more than $80 million – more than double their investment – if all their expectations of a landslide Trump victory are met. In addition to his main bet on Trump winning the Electoral College, Theo bet additional millions on Trump winning the popular vote and on Trump winning in swing states like traditional Pennsylvania, Michigan and Wisconsin. Blue wall (Blue Bluein Spanish) Democrat.
